, type = Department , logo = Logo-ministerie-van-financien.png , logo_width = 250x250px , logo_caption = Logo of the Ministry of Finance , image = Ministerie van Financiën wintertuin1.jpg , image_size = 250x250px , image_caption = Building of the Ministry of Finance , formed = , jurisdiction =

Kingdom of the Netherlands , national_anthem = ) , image_map = Kingdom of the Netherlands (orthographic projection).svg , map_width = 250px , image_map2 = File:KonDerNed-10-10-10.png , map_caption2 = Map of the four constituent countries shown to scale , capital = ...

, headquarters = Korte Voorhout 7,

The Hague The Hague ( ; nl, Den Haag or ) is a city and municipality of the Netherlands, situated on the west coast facing the North Sea. The Hague is the country's administrative centre and its seat of government, and while the official capital of ...

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

, employees = 1,500 , budget = €11,7 billion (2013) , minister1_name = Sigrid Kaag , minister1_pfo =

Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...

, minister2_name = , minister2_pfo = , deputyminister1_name = Marnix van Rij

Aukje de Vries Aukje de Vries (born 21 October 1964) is a Dutch politician. As of 10 January 2022, De Vries is State of Secretary for Finance in the fourth Rutte cabinet. As a member of the People's Party for Freedom and Democracy (Volkspartij voor Vrijheid ...

, deputyminister1_pfo = State Secretaries for Finance , chief1_name = Manon Leijten , chief1_position = Secretary-General , deputy = , website
Ministry of Finance
The Ministry of Finance ( nl, Ministerie van Financiën; FIN) is the Dutch Ministry responsible for

economic policy The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the e ...

monetary policy Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often a ...

fiscal policy In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables ...

, tax policy, incomes policy,

financial regulation Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled ...

, the

government budget A government budget is a document prepared by the government and/or other political entity presenting its anticipated tax revenues (Inheritance tax, income tax, corporation tax, import taxes) and proposed spending/expenditure (Healthcare, Educa ...

and the

financial market A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets ...

. The Ministry was created in 1798 as the Department of Finance of the Batavian Republic. It became the Ministry of Finance in 1876. The

( nl, Minister van Financiën) is the head of the Ministry and a member of the Cabinet of the Netherlands. The current Minister is Sigrid Kaag.

History

The ministry was founded in 1798. In the early history of the ministry, the Prime Minister often served as Minister of Finance. Pieter Philip van Bosse served as Minister of Finance five times. Since 1965 a State Secretary has been appointed each formation with responsibility for taxation. The most recent Prime Minister to serve as his own Minister of Finance was

Jelle Zijlstra Jelle Zijlstra (; 27 August 1918 – 23 December 2001) was a Dutch politician of the defunct Anti-Revolutionary Party (ARP) now the Christian Democratic Appeal (CDA) party and economist who served as Prime Minister of the Netherlands from 22 No ...

(1966–67).

Responsibilities

The ministry has the duty to "guard the treasury and aim for a financially sound and prosperous state of the Netherlands. * It is responsible for the income and expenditure of the

. * It collects the taxes and develops fiscal legislation. * It seeks to expend the budget of the government responsibly, efficiently and effectively. * It is also responsible for financial-economic policy. * It supervises the

bank A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

s and financial transfers.

Organisation

The ministry is currently headed by one minister and one State secretary. The ministry's main office is located in the centre of

at the Korte Voorhout. It employs almost 1,500 civil servants. The civil service is headed by a secretary general and a deputy secretary general, who head a system of four directorates general: * General Treasury (financial economic policy), led by the Treasurer-General ** Agency of the General Treasury ** Directorate Financing ** Directorate Financial Markets ** Directorate Foreign Financial Relations * Directorate General for the Budget ** Directorate Budget Affairs ** Inspection of National Finances * Directorate General for Fiscal Affairs ** Directorate General Fiscal Policy ** Directorate Taxation Management ** Directorate International Affairs and Excise Tax * Directorate General for Taxation It is also responsible for several decentralized services: * The agency in Amsterdam * The Tax and Customs Administration, the Dutch revenue service, which includes the

customs Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal effects, and hazardous items, into and out of a country. Traditionally, customs ...

service and the

* Service for State Property * Netherlands Authority for the Financial Markets (AFM)

Holdings

A list of all companies (partially owned) by the Dutch government via the Ministry of Finance.

State Holdings

List of companies of which the Ministry of Finance acts merely as shareholder.

Policy Holdings

List of policy holdings in which the role of shareholder and policy maker cannot be unbundled from each other. These companies are (partially) owned by the Ministry of Finance and managed by the relevant ministry.

Temporarily financial institutions

NLFI is the shareholder on behalf of the Dutch Government in the financial institutions that are state-owned as a result of the financial crisis.

References

External links

*
Ministerie van Financiën
(Rijksoverheid) {{DEFAULTSORT:Ministry of Finance (Netherlands) Financial services companies established in 1798

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

Ministries established in 1798 1798 establishments in the Batavian Republic Finance in the Netherlands